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Different Ways You Can Make Money By Owning A Free App



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Jun 28 2021
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In the current digital age, we have smartphones and handheld devices that are loaded with different applications. These apps are designed to make life easy and to automate mainstream processes.

 

For instance, if you want to have something to eat, you can simply log on to your restaurant’s app and order food, or if you want to watch your favorite music video, you can simply use YouTube and so on. One of the best things about apps and games is that it is an earning source for people who have a certain idea about an app and want to profit from it.

 

This has made life so easy that all you need to do is download an app using the internet and start making your life easy. There are so many apps on App Store and Google Play and you can use your Spectrum Internet service to download your favorite app easily.

 

Spectrum is also known for their Cable TV services that provide affordable entertainment for your entire family. Try out their Spectrum sports package if you are a sports fan and get the latest updates from the world of sports.

 

Apps are among the most profitable ways to earn money. If you have an app or an idea in mind, you can put it to work and earn from it. Let’s have a look at the different ways you can earn if you have a mobile application or game for your business:

 

Crowdfunding Model

This is one of the new and easy ways to monetize your application for free. If you are a custom software developer, you can use different platforms to raise funds and develop and market your apps. There are so many apps and games that raise thousands of dollars to fund their initiatives using Kickstarter, Crowdfunder, Indiegogo and many others. This way you can create and monetize your app or games with a small budget from your end and leave the rest to different sources and individuals who might see potential in your app.

 

Subscription Model

The subscription model is very useful if you want to set up different ways to increase your revenue streams for a weekly, monthly, or yearly fee. This could be charged for a specific service that your free app is providing. It is used by cloud services, content providers like Google Music, Spotify, Deezer and many other apps that have audio and visual content. They provide access to users or consumers to a wide range of content according to their subscription plan.

Make Money - Cash

Email Marketing

This has always been a very profitable way to capitalize on your business in almost every industry. Businesses collect data from users including emails most of the time and send them information and other marketing emails so that the user stays aware of their products and services.

 

One can also notify customers about some new features and offers, rewards, news and so much more in case of the user retention indices drop out. You can ask for a user’s email with a pop-up message and reward users with app coins, app feature unlocks and bonuses. This might take a lot of time but different apps can automate email marketing for you.

 

Application Merchandise & Creating E-commerce Apps

Since e-commerce is one of the most flourishing industries in the digitally connected world of today, so many consumers are becoming part of the online buying and selling community. There are free mobile applications that sell physical items.

 

One of the best examples of e-commerce websites is Amazon where they offer the opportunity for sellers to earn from their Merch tool. This is a user-friendly and comprehensive program for app owners to create and sell their branded items within the app. The production, selling, payment and delivery is taken care of by Amazon and you get a share in the profit.

 

Advertising

You might be seeing different ads about apps, games, products and services while playing your games or using social media. This is one of the ways that mobile apps receive money in an easy and common way even if your app is free. You can make money using payments per display/ as per impression, per installation, or per click. You can use banner ads, video ads, native ads, interstitial ads and incentivized ads to get things done.

 

Key Takeaways

There are so many ways to generate income if you have an app and a connection to the internet. Using apps to make sure that you earn even if you own a free mobile application make sure that you plan your application models when your application is in the planning phase. This way it will be easy for you to know where you have to go with your application.

 



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